What's Happening in the Cryptocurrency Market? (April 2)

Here are the cryptocurrency news of the day, the most up-to-date developments, here are the most appreciating and depreciating cryptocurrencies...

Interest in cryptocurrencies has increased significantly during the coronavirus outbreak. However, investors began to closely monitor the movements of important cryptocurrencies such as Bitcoin, Ethereum and Ripple. The most curious cryptocurrencies by investors; How did Bitcoin, Ethereum, Ripple start the day? In yesterday's transactions, Dogecoin rose again with the shares of Elon Musk. In addition, 6 major altcoins broke a record. Record breaking altcoins were Filecoin (FIL), BitTorrent (BTT), Decred (DCR), ThorChain (RUNE), Arweave (AR) and Helium (HNT). Bitcoin, the most valuable cryptocurrency, was traded above $ 58,000. In the Ehtereum, a downward trend was observed in the medium term. ETH traded around $ 1,923 in yesterday's trading.

How Much Is A Bitcoin?

Bitcoin continues to gain over the $ 58,000 resistance against the US dollar in today's transactions. The cryptocurrency is trading successfully above the $ 58k support and the 100-hour average. According to Kraken data, the hourly chart of the BTC / USD pair features a very important contracting triangle formation with resistance close to $ 59,000. The pair could look for a strong gain once it clears the $ 59,200 and $ 59,500 levels. After reaching over the $ 60,000 level recently, BTC started trading at $ 59,548, regressing slightly.

What Is The Price of Ethereum?

Ethereum has gained 20 percent this week, reaching over $ 2,000 and set a new record. Declining after seeing the peak, ETH finds buyers at $ 1,988. As Ethereum strives to see record levels with support from the rising risk appetite in global markets, a bullish trend prevails across cryptocurrency markets.

How Much Was Tether?

Hedgehog markets are on the rise, but this altcoin is in decline today. Tether is traded at 0.9998, with a loss of -0.01%.

What Is The Price of Ripple?

Ripple is trading at 0.58179, with 1.88 percent gain, while the crypto market is in an upward trend today. On the Ripple side, there are also interesting developments regarding the SEC case. Ripple CEO Brad Garlinghouse stated that they could develop an alternative product to XRP if they lose the case filed by the SEC.

How Much Was BTT?

BitTorrent, which recorded an incredible rise this week, continues its double-digit rise today after breaking a record in yesterday's transactions. BTT is currently trading at $ 0.005553, gaining 13.66 percent. What Is The Price of CHZ? Like many cryptocurrencies, Chiliz is on an upward trend. CHZ gains 1.09 percent in today's transactions and finds buyers at $ 0.504318.  

Latest news

Coinbase Got Approval to List Its Shares to Nasdaq Coinbase Global Inc, the largest cryptocurrency trading platform in the United States, obtained the regulatory authority to have its shares listed on the Nasdaq index of the US stock market. The SEC decision gave new strength to the legitimacy of digital currencies that are rapidly gaining credit in the mainstream financial services industry. The date Coinbase will go public is April 14, 2021. ETH Hits Over $ 2K Ethereum (ETH), the second largest cryptocurrency in terms of market capitalization, has once again hit the $ 2K mark. Although the Ethereum price decline of almost 30 percent dropped prices to the level of $ 1,500, it was not difficult to recover. Ripple CEO: If Needed, We Find Alternatives to XRP Ripple CEO Brad Garlinghouse made interesting statements regarding the lawsuit between them and the SEC. Garlinghouse said they would develop an alternative product to XRP if they lose the SEC's lawsuit. Garlinghouse, who evaluated the SEC's policy, criticized the different handling of cryptocurrencies such as Bitcoin, Ethereum and XRP. Bitcoin Exceeds $ 60K Bitcoin recovered after losing about $ 10,000 from its $ 61,683.86 peak in the middle of the month, and reached above $ 60,000. However, it suffered a slight setback later on. Still, it remains close to these levels.